FHA Loan vs. Conventional Loans (Mortgage): The Pros and Cons Before You Choose | NerdWallet

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  • Опубликовано: 29 сен 2024

Комментарии • 48

  • @bababooey8688
    @bababooey8688 8 месяцев назад +13

    Thank you for that information. I am pulling out the last 7 strands of hairs on my head dealing with my home search. Thanks again.

  • @lakcunha7654
    @lakcunha7654 Год назад +10

    Good luck finding a lender who approves 500 even 580

  • @DileoFilms
    @DileoFilms 10 дней назад +1

    So you are stuck with private mortgage insurance with an FHA loan, even after you achieve 20% equity?

  • @MoneyOpulence
    @MoneyOpulence Год назад +11

    This has been very insightful. I wish more RUclipsrs take the time to create quality content like this. Thanks for sharing this take on FHA and Conventional Mortgage. Keep it up!

  • @cdaddy20
    @cdaddy20 29 дней назад

    I mean no malice but you explained this as if you’re not confident or NW attorneys informed you not to commit to any information provided.
    I understand viewers will find this video informative but its basic info you’ll find on any brochure. Viewers should already have basic knowledge of what’s mentioned before considering large debts.
    For some viewers, maybe this isn’t your thing and thats fine. Spend the time seeking professionals based on reliable ratings. Just keep in mind it’s all designed to push the debt. It is ALL designed to push debt.
    If you understand the last sentence then you’ll probably be fine and have an understanding regarding the steps best for you.

  • @cecilialynch6854
    @cecilialynch6854 5 месяцев назад +2

    Great helpful info. 1.75% upfront for PMI and monthly payments! That seems crazy!

  • @melissasmithfe9096
    @melissasmithfe9096 7 дней назад

    Martinez Karen Williams Jennifer Robinson Brenda

  • @TimothyMcBride-c8p
    @TimothyMcBride-c8p 13 дней назад

    Allen Brian White Christopher Jones Richard

  • @mercedezholder7706
    @mercedezholder7706 Год назад +3

    Thank you for explaining this. I’m currently in the market and this helps me look for better homes.

  • @HatingDrink
    @HatingDrink 27 дней назад

    Miller George Anderson Deborah Jackson John

  • @Psalms20A21
    @Psalms20A21 3 месяца назад +1

    Thank You, very helpful and informative. And Enjoyable!
    Will share.

  • @MatthewMuniz-z3s
    @MatthewMuniz-z3s 17 дней назад

    Harris Sarah Clark Jessica Williams Brian

  • @DrydenTina
    @DrydenTina 19 дней назад

    646 Breitenberg Mountain

  • @BoswellPhoenix-e4o
    @BoswellPhoenix-e4o 12 дней назад

    1975 Orn Mountains

  • @BillLattimore-s2i
    @BillLattimore-s2i 11 дней назад

    005 Jamey Spring

  • @Zakdj27
    @Zakdj27 Год назад +1

    Why would a lender try to get an FHA loan for my sister and then change it to a conventional loan? She has some CC debt and wants to buy my deceased mothers home from the trust my mother setup. She already owns a 1/4 of the house.

  • @GeorgeLee-z6x
    @GeorgeLee-z6x 13 дней назад

    Margaretta Squares

  • @BariGrumbling-e2j
    @BariGrumbling-e2j 7 дней назад

    Maudie Path

  • @WilliamMartin-r7i
    @WilliamMartin-r7i 11 дней назад

    Okuneva Ferry

  • @JonathanDryden-j5i
    @JonathanDryden-j5i 17 дней назад

    Declan Corners

  • @DudleyTatu-g6e
    @DudleyTatu-g6e 16 дней назад

    Connelly Corners

  • @NumbersKwiat-x5z
    @NumbersKwiat-x5z 7 дней назад

    Davis Isle

  • @StevenColeman-q4l
    @StevenColeman-q4l 21 день назад

    Kirlin Harbors

  • @TwainMichell-v6z
    @TwainMichell-v6z 18 дней назад

    Valentina Pine

  • @LisaJohnson69Jones-j6c
    @LisaJohnson69Jones-j6c 15 дней назад

    Pollich Pike

  • @FoodReviewerByNusrat
    @FoodReviewerByNusrat Год назад +3

    very nice video

  • @RayPestka-f8i
    @RayPestka-f8i 27 дней назад

    Wanda Ports

  • @Danish2064
    @Danish2064 Месяц назад

    Fun fact, you can get up to 50% dti with most conventional loans

  • @mattiadizard7431
    @mattiadizard7431 Месяц назад

    I and my man were told that the credit score must be 580 and his is 550 to get an fha loan

  • @winniejohnson5476
    @winniejohnson5476 Месяц назад

    This was a great explanation!! Thank you!

  • @LorenzoSpratlen
    @LorenzoSpratlen 28 дней назад

    6508 Murphy Drive

  • @Dev-d4v
    @Dev-d4v Месяц назад

    understood nothing

  • @alex182618
    @alex182618 3 месяца назад

    I like the explanation

  • @AnthonyGarcia-u7s
    @AnthonyGarcia-u7s 12 дней назад

    Altenwerth Circle

  • @BrewsterSamantha
    @BrewsterSamantha 12 дней назад

    2427 Shanie Lodge

  • @drea24c
    @drea24c 6 месяцев назад

    Wish I had found this video sooner.

  • @thejuiceisloose3785
    @thejuiceisloose3785 3 месяца назад

    I had to have a 640

  • @katrinawilliams9095
    @katrinawilliams9095 3 месяца назад

    Thank you so much

  • @joshharter2624
    @joshharter2624 11 месяцев назад +3

    Excellent video, very informative. As a part of high school graduation this should be required viewing.

  • @ej.24.19
    @ej.24.19 10 месяцев назад +4

    your shelves are a little crooked

    • @colbyreader
      @colbyreader 3 месяца назад

      Really worrying about the important stuff here

    • @Jjsibbley
      @Jjsibbley 2 месяца назад

      Lol ok Mr. Monk

  • @같싶
    @같싶 9 дней назад

    7497 Rau Radial

  • @BellEdison-i7y
    @BellEdison-i7y 17 дней назад

    00099 Luettgen Route

  • @JonsonDorothy
    @JonsonDorothy 18 дней назад

    0356 Sister Via

  • @BrowningBaldwin-b4z
    @BrowningBaldwin-b4z 21 день назад

    Gutmann Track

  • @RM-jb2bv
    @RM-jb2bv 4 месяца назад +1

    WHO tf is FHA for?!!!!